Energy technologies is a critical part of any business.
Despite most of the action going on behind the scenes, how a company approaches its energy use is a serious topic that could ultimately determine its success, longevity, and industry reputation.
And when it comes to the climate crisis, only 13% of all U.S. energy is produced by renewable sources. The nation must try harder to reduce the need for crude oil, natural gas, and coal.
It’s clear that businesses across the USA must work together to free up space on the grid and pave the way for sustainable innovation in commercial energy technologies.
Commercial energy: Our top three trending technologies
1. Energy metering
When it comes to monitoring electricity consumption, there’s no approach more accurate or detailed than energy metering. These devices might seem rudimentary, but each component matters when it comes to knowing how much energy you’re using.
Within these specific measuring instruments, current transformers play a vital role in allowing energy monitoring meters to record accurately and consistently. Whether in a commercial or residential setting, the basic principles and reasons for metering remain the same.
Metering allows you to break down your energy consumption to help you identify live costs and usage information. You can then budget accordingly, distribute your resources where they’re needed most, and adjust your strategy by department. And when you integrate sub-metering, you can use additional meters to monitor separate areas.
2. Renewable integration
When a business gets its power from renewable sources, it reduces its dependence on carbon-derived energy sources. This not only reduces carbon dioxide emissions but proves invaluable in peak-time response management, reducing the risk of congestion on the grid.
Large-scale batteries and smart hydro-storage make an ideal compromise for a company looking to integrate sustainable energy storage systems into their existing methods or platforms. And if your business can demonstrate a clear commitment to energy efficiency and lower emissions, you could be eligible for certain tax credits and deductions.
3. Artificial Intelligence
AI has enabled companies across America to benefit from real-time analysis, monitoring and control of their energy assets within the smart grid. This includes generation and consumption technologies, which can both benefit from automated forecasting and optimized energy distribution.
Smart grids open a new realm of opportunity for businesses looking to improve their energy technologies and overall efficiency too. The power of AI can be harnessed to predict equipment faults and failure, which allows workers and automatic functions to perform the correct diagnostics and preventative maintenance.
Combined with deep learning algorithms and machine learning, automated technology could transform corporate energy technologies. Once your internal systems can detect and mimic patterns, future failures can be avoided.
Energy technologies are not a walk in the park, but you need to consider and evaluate your strategy if you’re serious about futureproofing your business.
By harnessing automated technologies and renewable energy sources, we can create greener industries. Modern meter technology should enable wireless connectivity with your mobile devices or a central hub, streamlining the process even further.